Minneapolis/St. Paul, Minnesota prices:$3,400,000 in 1985$9,748,975.70 in 2025

Inflation in Minnesota

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Prices in Minneapolis/st. Paul, 1985-2025 ($3,400,000)

According to the U.S. Bureau of Labor Statistics, prices in Minneapolis-St Paul, Minnesota are 186.73% higher in 2025 versus 1985 (a $6,348,975.70 difference in value).

Between 1985 and 2025:Minneapolis/St. Paul experienced an average inflation rate of 2.67% per year. This rate of change indicates significant inflation. In other words, $3,400,000 in Minneapolis/St. Paul in the year 1985 would cost $9,748,975.70 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation in Minneapolis/St. Paul was lower.

In the year 1985: Pricing changed by 3.78%, which is above the average yearly change in Minneapolis/St. Paul during the 1985-2025 time period. Compared to inflation for all items in 1985 (3.55%), inflation in Minneapolis/St. Paul was higher.

Price Inflation in Minneapolis-St Paul, Minnesota since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (7.45%), 1988 (5.02%), and 2021 (4.84%).

View price changes for other categories
Educational books and supplies · College tuition and fees · Wine at home · Bread · More

Buying power of $3,400,000.00 since 1985

Below are calculations of equivalent buying power in Minneapolis/St. Paul, over time, for $3,400,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$3,400,000.003.78%
1986$3,444,485.981.31%
1987$3,546,168.222.95%
1988$3,724,112.155.02%
1989$3,876,635.514.10%
1990$4,035,514.024.10%
1991$4,143,551.402.68%
1992$4,289,719.633.53%
1993$4,423,177.573.11%
1994$4,562,990.653.16%
1995$4,671,028.042.37%
1996$4,826,728.973.33%
1997$4,937,943.932.30%
1998$5,030,093.461.87%
1999$5,188,971.963.16%
2000$5,405,046.734.16%
2001$5,608,411.213.76%
2002$5,706,915.891.76%
2003$5,805,420.561.73%
2004$5,970,654.212.85%
2005$6,135,887.852.77%
2006$6,234,392.521.61%
2007$6,394,764.492.57%
2008$6,639,786.923.83%
2009$6,605,818.69-0.51%
2010$6,727,805.611.85%
2011$6,969,650.473.59%
2012$7,132,342.062.33%
2013$7,270,629.911.94%
2014$7,372,375.701.40%
2015$7,326,428.04-0.62%
2016$7,440,121.501.55%
2017$7,601,986.922.18%
2018$7,784,061.682.40%
2019$7,947,293.462.10%
2020$8,039,157.011.16%
2021$8,428,314.024.84%
2022$9,056,328.977.45%
2023$9,301,383.182.71%
2024$9,528,007.482.44%
2025$9,748,975.702.32%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Minneapolis-St Paul, Minnesota:

Year198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI103.100107.000108.400111.600117.200122.000127.000130.400135.000139.200143.600147.000151.900155.400158.300163.300170.100176.500179.600182.700187.900193.100196.200201.247208.958207.889211.728219.339224.459228.811232.013230.567234.145239.239244.969250.106252.997265.244285.008292.720299.852306.806

Adjust Minneapolis/St. Paul prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1985* 1985 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Minneapolis-St Paul, Minnesota was 107.000 in the year 1985 and 306.806 in 2025:

306.806 / 107.000* $3,400,000 = $9,748,975.70

Therefore, according to U.S. Bureau of Labor Statistics, $3,400,000 in 1985 has the same "purchasing power" as $9,748,975.70 in 2025 (in the CPI category of Minneapolis-St Paul, Minnesota).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Minneapolis-St Paul, Minnesota in 1984. In addition to Minneapolis/St. Paul, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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